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Gregg 75605
250 Jordan Trail
$345,000
● House - Off Market

250 Jordan Trail

Longview, TX 75605
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,957 Ft²
$483,713
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Two homes for the price of one, sit on 7.74 acres of beautiful wooded land at the end of a private road. The possibilities for the acreage and the 2 current dwellings are numerous. Live in one home while you build your dream home on a piece of cleared land on the property and rent the other home. The adorable 1000 sq. foot, 1-1-1.5 cottage is ideally suited as an in-laws quarters, as a rental, or as an overflow guest house. The larger home is a spacious 2400 sq. foot Barndominium (4-2-2) which is ideally suited as a personal home, a guest house or as a rental home. Both homes feature open concept living areas as well as custom kitchen cabinets and islands with granite countertops.
Unit Size
2,957 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$117
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14245224)

Price History

Date / Event Date Event Price
Jun 12, 2020 Sold
Premium
Sold
Dec 20, 2019 Listed by Ramsey Realty Group $345,000
Listed by Ramsey Realty Group

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 337,372
  • Total Building Area: 1,017
  • Building Area: 1,017
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,017
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROGERS H F SUR
  • Land Acres: 0000007745
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: AB 180 H G ROGERS SUR TRS 7-21 & 7-31

Neighborhood

  • School District Name: Longview Independent School District
  • Census Tract: 010100

Geography

  • Assessors Map Reference: MAP: B6
  • Account Number: 196101
  • Subdivision Tract Number: 7-21
  • Parcel: 0354018000-007-21-02
  • Lot: 7-21
  • Municipality: LONGVIEW
  • Latitude: 32.63
  • Longitude: -94.7752

    Address

  • Full Address: 250 Jordan Trl
  • Address - House Number: 250
  • Address - Street Name: Jordan
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Longview
  • Carrier Code: R002
  • 4-Digit Zip Code: 3449
  • Zip Code: 75605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $542,057
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: ESD3 GGG R

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 526,206
  • High Value: 643,607
  • Low Value: 408,806

    Market Valuation

  • Market Total Value: $617,270
  • Market Land Value: $115,550
  • Market Improvement Value: $501,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617,270
  • Assessed Land Value: $115,550
  • Assessed Improvements Value: $501,720

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202008974
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gregg

Stats & Trends

Median Asking:

$269,700

Sale Price/ft²

$141

Below Asking

0.03%

Average Days on Market

64

Average Home Size

1937 ft²

Average Home Age

45.2 years

Currently For Sale

46 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jeffery Ramsey, Ramsey Realty Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14245224
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 250 Jordan Road built and last sold?
The property at 250 Jordan Road was built in 2004 and last sold on Jun 12, 2020 for $337,700.
How much is this home worth?
The estimated value of the home located at 250 Jordan Road is $0.
What are some comparable homes to 250 Jordan Road?
There are currently no comparable homes to 250 Jordan Road.
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